SARK
Tradr Short Innovation Daily ETF
Counter the conventional with SARK — your strategic tool to potentially profit from downward moves in the highly volatile, high profile ARK Innovation ETF (ARKK).
Counter the conventional with SARK — your strategic tool to potentially profit from downward moves in the highly volatile, high profile ARK Innovation ETF (ARKK).
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Closing Price
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30-Day Median Bid-Ask Spread
AUM
Shares Outstanding
An Efficient Way to Short a Popular ETF
Attempts to achieve the inverse of the return of the ARK Innovation ETF (NYSE Arca: ARKK) for a single day (not for any other period).
Express Your View with Inverse Exposure
A tool for short-term trading to hedge or capitalize on overvaluation or changing market sentiment for a concentrated portfolio of high conviction stocks with uncertain prospects.
This ETF may be for you. SARK, which provides inverse exposure to a storied innovation ETF, won honors for “Thematic ETF of the Year” at the 2023 With Intelligence Mutual Fund & ETF Awards.
While tech can generate impressive gains, you may perceive a high conviction portfolio of a relatively small number of stocks as more volatile and risky.
SARK facilitates inverse exposure without the complexity, expense and additional risk of borrowing stocks to sell short.
Seek to benefit from the flexibility of daily and intraday trades to capitalize on market shifts and trends.
The significant risks of leveraged and/or inverse ETFs include the risks of leverage, derivatives, and/or other complex investment strategies that they employ. These investments are designed for short-term or intraday trading for investors seeking daily leveraged investment results…
The Funds seek daily leveraged investment results and are intended to be used as short-term trading vehicles. The Funds pursue daily leveraged investment objectives, which means they are riskier than alternatives that do not use leverage because the Funds magnify the performance of their underlying security. The volatility of the underlying security may affect a Fund’s return as much as, or more than, the return of the underlying security.
The Fund is not suitable for all investors and should be used only by knowledgeable investors, such as traders and active investors employing dynamic strategies, who intend to use them for short-term or intraday trading to seek daily leveraged investment results and who understand the consequences of seeking daily inverse (-1x) investment results, including the impact of compounding on Fund performance. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. The Fund is very different from most mutual funds and exchange traded funds. The Fund is not a complete investment program.
Investors should note that the Fund pursues a daily investment objective that is inverse to the performance of the ARK Innovation ETF, a result opposite of most mutual funds and exchange traded funds. The Fund seeks daily inverse investment results that are subject to compounding and market volatility risk. The pursuit of its daily investment objective means that the return of the Fund for a period longer than a full trading day will be the product of a series of daily returns, with daily repositioned exposure, for each trading day during the relevant period. As a consequence, especially in periods of market volatility, the volatility of the ARK Innovation ETF may affect the Fund’s return as much as, or more than, the return of the ARK Innovation ETF. Further, the return for investors that invest for periods less than a full trading day will not be the product of the return of the Fund’s stated daily inverse investment objective and the performance of ARK Innovation ETF for the full trading day. During periods of high volatility, the Fund may not perform as expected and the Fund may have losses when an investor may have expected gains if the Fund is held for a period that is different than one trading day.
ETFs involve risk including possible loss of principal. There is no assurance that the Fund will achieve its investment objective. Principal risks and other important risks may be found in the prospectus.
6/23/2023
11/7/2022